Oct 12 2008
Is a financial crisis really a bad thing?
If you’ve been watching the news on TV or the Internet, you’ve been seeing constant instability.
This isn’t really surprising. In America, our economy has been riding high. If you look around, you’ve probably noticed people in the USA spend, spend, spend and spend some more.
Have you ever wondered why thrift stores weren’t around when our grandparents were growing up? Because people didn’t get tired of things and toss them out. People didn’t have 50 outfits hanging in their closet and think they had nothing to wear.
Most of our grandparents and great-grandparents made a habit of using everything they had, fixing whatever was broke and scrimping and saving. Today, so many don’t do this!
In American we have a reached a point of not appreciating anything we have. I admit it - I live in a small, mobile home. I’d love to have a large, fancy house. But I am content. Sure it’s cramped, but it’s a roof over my head. I have heat and air conditioning, running water and an indoor bathroom (two in fact!). I don’t have to build a fire to cook and I have a refrigerator to hold my leftovers. In many countries, people would envy what I have while in America I am looked down on by many.
In truth, a financial crisis in America may not be such a bad thing. It might wake us all up and cause us to appreciate every little thing we have.
One can only hope.